Veggie Mama Shark Tank Net Worth 2023 What Happened To Veggie Mama After Shark Tank?
Veggie Mama Shark Tank Net Worth
The current net worth of Veggie Mama is unknown as of 2023 since the company is no longer in operation. The founders’ net worth is also unknown. Veggie Mama is a popsicle company that appeared on Shark Tank in 2013.
The Fraijos had initially been seeking $75,000 for a 15% stake in their company, which would have valued it at $500,000. However, they accepted an offer from Mark and Barbara of $75,000 for a 20% stake instead, thus valuing the company at $375,000.
As the business has since been shut down and the investment deployed to various other bits of infrastructure and operations prior to this offer taking place, there is currently no net worth associated with it.
What is Veggie Mama?
Veggie Mama is a brand that produces frozen treats made from fruits and vegetables instead of sugar water. The flavors include Carrot Berry, Citrus Cucumber, and Sweet Potato Pie, and all Veggie Mama frozen treats are natural, organic, and gluten-free.
The brand was founded by Theresa and Robert Frejo of Laguna Niguel, California, who struggled to feed their children healthily, so they developed inventive ways of preparing food to provide all the necessary vitamins.
All-natural agave nectar is used to sweeten the pops, which is a great way to introduce vegetables to both toddlers and adults without added sugar.
Veggie Mama pops are sold in select locations, including Sprouts Farmers Markets, Gelsons, and a limited number of Whole Foods Markets in the western United States. On the east coast, the Natural Foods General Store in New York is the only retailer.
Veggie Mama was founded by Robert and Theresa Fraijo of Laguna Niguel, California. They wanted to create a nutritious and tasty snack for children, as parents often struggle with their eating habits.
Initially, Theresa planned to make a smoothie with fruits and vegetables and sugar syrup, but eventually changed her mind and decided to make it into a frozen pop.
What sets Veggie Mama apart is that they use only vegetables and fruits in their pops, with natural agave nectar providing the sweetness. Robert and Theresa’s dedication to providing healthy and nutritious food drove them to focus on vegetables, fruits, and other wholesome ingredients to create a delicious and fun-filled snack.
After several attempts, they finally created their unique dish, “Veggie Mama Pops.” Veggie Mama has two locations, one in Anaheim and one in Niagara Falls.
What Happened to Veggie Mama at the Shark Tank Pitch?
In Shark Tank season 5 episode 5, the Fraijos, known as Veggie Mama and Veggie Papa, presented their business and sought a $75,000 investment in exchange for a 15% stake in their company, which had a value of $500,000.
They distributed samples of their vegetable-based frozen pops, which cost $1.10 per packet and had a wholesale price of $2.25. They had made $30,000 in sales in the last few months.
Mark Cuban appreciated that Veggie Papa was more interested in growing the business than going to law school. Theresa Fraijo, one of the founders, revealed that they had invested a total of $140,000 in the business, with $30,000 coming from their own money and $110,000 from an investor friend.
Theresa worked full-time, while Robert was part-time and had a full-time job earning $67,000. Robert and Theresa were in charge of the machinery at the factory.
Mark expressed his dislike for the frozen food industry and walked out of the deal. Barbara Corcoran declined to invest as she thought the Fraijos had invested too much capital for the number of sales they had generated.
Kevin O’Leary made an offer of $75,000 in exchange for a 50-cent royalty per unit until he recouped his $150,000 investment, followed by a royalty of 0.25 cents in perpetuity. Robert made an initial offer of $75,000 for a 20% stake and another $75,000 after a year for a total of $150,000 for a 25% stake.
Lori Greiner countered $75,000 for a 20% stake, and Robert joined Lori with an offer of $150,000 for a 20% stake and a 20-cent royalty per unit.
The Fraijos rejected Robert’s initial offer, and he was later joined by Lori with their joint offer of $75,000 for a 20% stake with no royalties. However, Barbara Corcoran offered to eliminate the other Sharks and invest $75,000 for a 20% stake with no royalties, and Mark Cuban joined in to seal the deal.
Barbara fulfilled her promise to guide the business, and with the combined effort of Barbara and Mark, Veggie Mama grew to become a success. Their frozen pops were sold in more Whole Foods and Sprouts locations, as well as online. Despite the competition among the Sharks, the partnership between Corcoran and Cuban proved to be the most fruitful for Veggie Mama. Unfortunately, the company closed down in December 2018, and Theresa Fraijo is currently the State of Colorado’s accounts payables manager.
What Happened To Veggie Mama After Shark Tank?
Veggie Mama received a $75,000 investment from Mark Cuban and Barbara Corcoran in exchange for a 20% stake in the business. The company’s sales were around $30,000 at the time of the Shark Tank episode, with most of those sales have come through within the last six weeks prior to filming.
After appearing on Shark Tank, Veggie Mama was able to get its popsicles into Whole Foods and Sprouts Farmers Markets, and they were also available for purchase through other retailers via Instacart.
The company also launched a website where customers could order the pops online. However, Veggie Mama is no longer in business
Veggie Mama’s Net Worth 2023.
The Fraijos were seeking $75,000 for a 15% stake in their company. This represents a $500,000 value. They accepted an offer from Mark and Barbara of $75,000 for a $20% stake thus valuing it at $375,000.
There is no current net worth since the business has been shut down.
Veggie Mama Competitors
There is no competitor identified for Veggie Mama.
Veggie Mama Shark Tank Updates
Veggie Mama is a line of frozen fruit and veggie snacks created by Theresa Fraijo to get her kids excited about eating their vegetables. The Fraijos appeared on Shark Tank in season 5, episode 5, seeking $75,000 in exchange for a 15% equity.
They pitched their business and how they invented Veggie Mama Garden Pops, which blend fruit and vegetables to trick kids into eating their veggies.
The Sharks were impressed with the taste of the popsicles and the fact that they were selling at Whole Foods and Sprouts Farmers Markets. Barbara Corcoran and Mark Cuban teamed up to invest $75,000 for a 20% stake in the business.
After the Shark Tank deal, Veggie Mama popsicles were distributed to more Whole Foods and Sprouts grocery stores. However, Theresa Fraijo ran the company successfully until shutting it down in December 2018.
The company’s last Twitter post was in June 2018, and its official Facebook page is no longer active. The Veggie Mama website is still up, but it is outdated and states that they are not currently selling products online.
Veggie Mama Shark Tank Summary:
| TOPIC | INFORMATION |
| Company Name | Veggie Mama |
| Shark Tank Pitch | Seeking $75,000 for a 15% stake; Accepted offer of $75,000 for a 20% stake from Mark Cuban and Barbara Corcoran |
| Shark Tank Valuation | $375,000 |
| Net Worth (2023) | Unknown, as the company is no longer in operation |
| Founders’ Net Worth | Unknown |
| Product | Frozen treats made from fruits and vegetables with natural agave nectar |
| Flavors | Carrot Berry, Citrus Cucumber, Sweet Potato Pie |
| Distribution | Sold in select locations including Sprouts Farmers Markets, Gelsons, and limited Whole Foods Markets in the western United States; the Natural Foods General Store in New York is the only retailer on the east coast |
| Founders | Theresa and Robert Fraijo |
| Shark Tank Outcome | Veggie Mama grew to become a success, but the company closed down in December 2018 |
| Current Status | Theresa Fraijo is currently the State of Colorado’s accounts payables manager |
Veggie Mama FAQS
What Is Veggie Mama And How Does It Work?
Veggie Mama is a company that produces frozen treats made from fruits and vegetables instead of sugar water. The flavors include Carrot Berry, Citrus Cucumber, and Sweet Potato Pie.
The treats are all-natural, organic, and gluten-free. Veggie Mama uses natural agave nectar as a sweetener. The company was founded by Theresa and Robert Fraijo, who appeared on Shark Tank in 2013.
After their appearance on Shark Tank, Veggie Mama was sold in Whole Foods and Sprouts Farmers Markets, generating $30,000 in sales. The Frejos asked the Sharks for a $75,000 investment in exchange for a 15% stake in the company.
Mark Cuban and Barbara Corcoran made a deal with the Frejos. With their help, Veggie Mama was able to get their popsicles into Whole Foods and Sprouts, and they launched a website where customers could order the pops online.
However, according to recent updates, Veggie Mama is no longer in business. The company’s product lineup has been completely transformed, and the Garden Pops are no longer in stores. It is unclear why the company went out of business or what happened to the founders.
What Are The Ingredients In Veggie Mama Frozen Treats?
Veggie Mama frozen treats are made with all-natural ingredients and are packed with essential nutrients. The ingredients vary depending on the flavor, but they are all made from fruits and vegetables instead of sugar water.
The flavors include Carrot-Berry, Citrus-Cucumber, and Sweet Potato Pie. The only sweetener used in Veggie Mama is natural agave nectar. The products are free of dairy and animal products, gluten-free, and have no GMO ingredients.
The ingredients for the Carrot-Berry flavor include filtered water, carrot juice concentrate, strawberry puree, lemon juice concentrate, agave nectar, and natural flavors.
What Was The Outcome Of Veggie Mama Shark Tank Pitch?
Veggie Mama, a popsicle company that blends fruits and vegetables to create a healthy snack for kids, appeared on Shark Tank Season 5 and made a deal with Barbara Corcoran and Mark Cuban.
The entrepreneurs, Teresa and Robert Fraijo, asked for $75,000 in exchange for 15% equity, and the sharks agreed to invest $75,000 for 20% equity in the business. After the deal, Veggie Mama popsicles were distributed to more Whole Foods and Sprouts grocery stores.
However, according to a recent update, Veggie Mama is no longer in business. The net worth of the company is unknown as of 2022, and the valuation of Veggie Mama was $500,000 when it appeared on Shark Tank.
The Fraijos had contributed all their savings to Veggie Mama, selling Theresa’s wedding band diamond to fund the organization.
In conclusion, Veggie Mama made a deal with Barbara Corcoran and Mark Cuban on Shark Tank Season 5, but the company is no longer in business.
What Happened After Veggie Mama’s Appearance On Shark Tank?
Veggie Mama, a popsicle company that appeared on Shark Tank in 2013, received a $75,000 investment from Mark Cuban and Barbara Corcoran in exchange for a 20% stake in the business.
Following the deal, Veggie Mama popsicles were distributed to more Whole Foods and Sprouts grocery stores. The company generated $30,000 in sales, most of which was earned within the past few weeks before the Shark Tank appearance.
Veggie Mama continued to expand its distribution and launched a website where customers could order the pops online.
However, Veggie Mama is no longer in business. The company shut down in December 2018 due to heavy losses in business.
The last Twitter post from Veggie Mama was in June 2018, and their official Facebook page has been inactive since then.
The product lineup was completely transformed, and the Garden Pops are no longer in stores. Theresa Fraijo, the founder of Veggie Mama, is currently working as.
How much were asking in the Shark Tank?
Veggie Mama was seeking a $75,000 investment for a 15% stake in their business.
How much did they received?
They received a $750,000 investment for a 15% stake in the company from Mark and Barbara.
Where is Veggie Mama sold?
They are out of business.
What was the initial valuation of Veggie Mama?
The initial valuation of Veggie Mama was $500,000 when it appeared on Shark Tank. During the pitch, the founders asked for $75,000 in exchange for a 15% equity stake in the company.
What is the net worth of Veggie Mama?
There is no net worth since they are no longer in business.
Where can they buy Veggie Mama?
They are out of business.
Is Veggie Mama still in business?
Veggie Mama Garden Pops are no longer available in stores, the company’s logo has been replaced, and the product portfolio has been entirely revamped.
Were Veggie Mama Non-GMO free?
Veggie Mama pops were Non-GMO.
Were Veggie Mama Gluten Free?
Veggie Mama pops were Gluten Free.
Were Veggie Mama Dairy free?
Veggie Mama were free of dairy and animal products.
Were Veggie Mama adhere to Kosher?
Veggie Mama pops adhere to kosher standards.
What is Veggie Mama marketing strategy?
Veggie Mama are out of business.
What is the net worth of Theresa Fraijo?
Theresa Fraijo’s net worth is unavailable.
What is the net worth of Robert Fraijo?
Robert Fraijo’s net worth is unavailable.
